Conversing with Karla
Welcome, to the blog that will change your life!
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"10 MUST KNOW TIPS TO GET THE MOST TAX DEDUCTIONS OUT OF YOUR BUSINESS RETURN"
"10 MUST KNOW TIPS TO GET THE MOST TAX DEDUCTIONS OUT OF YOUR BUSINESS RETURN"
Corporate returns are not as simple as a short form; they require more knowledge of the tax code.
It is extremely important to have a tax professional prepare this type of return. It will save you time and money.
It is extremely important to have a tax professional prepare this type of return. It will save you time and money.
To make sure you are ready for filing your business return you must know the following information:
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[FWD: The President's Visit]
Hello,Wow California had an exciting week with the Presiden'ss visit to Southern California. I found the news coverage on his visit very interesting. Many peope viewed it as history and others thought it was a bad idea to spend more government money moving the president from place to place. I would certainly like your opinion on this matter. Let me know your thoughts .On another note, I wante you to know there is not going to be a second round of IRS stimulus checks or rebate checks being issued. So many people are asking and are under the impression IRS is sending stimulus checks for 2009. The Obama Tax Plan has a let work pay strategy. Meaning, if you work you will see a reduction in the amount of tax withheld from your paycheck. Interesting spin on matters.Karla
Bring It On 2009 and Empower Yourself
Good Afternoon,
At the end of 2008, I had serveral friends and clients calling to complain about the doom and gloom of the economy. It became rather trying to here. Everyone had a complaint and if they were not complaining then they wanted to tell you the story about their friends situation. Being around negative people or situations are not good.
I decided in 2009, I would do an all day workshop entitled "Bring It On 2009". During this workshop, we had people come with all sorts of problems. Some of the problems we dealt with were: income is dropping, taxes are increasing, don't know if my money is safe, my property value is going down and I own rentals that are causing my cash flow to go out the window. With some much to complain about, I managed to take these people from feeling hopeless to empowering themselves to do better. We talked about each scenario and gave them an action item to turn their situation around. By the end of the workshop, we had people laughing , exchanging numbers and really feeling like their is hope. The key to any problem is to remember it is not the problem you focus on, but solution to the problem. The solution is what is going to make you feel empowered to be proactive. The problem will drain all your energy.
Remember : solution solution solution!
Best,
Karla
TEENAGERS AND LIFE LESSONS
Good Morning,
I normally don't write about my kids, but today I find it necessary. I have two teenage sons who attend a very popular academic and sports oriented school - college prep. I was discussing with my sons that finals week is coming and make sure they have all their assignments completed and ready to go. My one son who is pretty gifted and takes AP classes informed me that he was missing an assignment when he looked at his grades on line. I asked him why was the assignment missing and he said mom the teacher never asked for the assignment but I have it right here. This led to a three hour conversation on accepting responsibility and thinking for himself. I had to really let my son know over and over again! Certainly once was not enough! Never wait for the teacher to come to, you go to the teacher. Hello my child...wake up! Of course he thinks I am an over the top type "A" mother. I bet you he won't do that again. In life, we cannot wait for anyone to ask us if we need something, we have to go after it. Today - be prepared to ask for what you want. Go for it. If the teacher does not ask for the paper today then go directly to the teacher! I bet you will be glad you did and I know my son will! Oh by the way, I am so not type "A"!
Best,
Karla
Do You Feel Financially Secure?
As I watch some of my favorite t.v. shows, I hear them talking about the recession. They have factored in the slow down of the economy into their actual movie lines. I thought to myself wow you cannot escape the negative overtones of the economy no matter where you turn. I have come to the conclusion, it is what it is. We certainly cannot change the world, but we certainly can change the way we deal with the issues. In life, business or in anything you go to do, you are going to encounter problems - some great and some small. The issue is not the problem, the way we handle the issue can become a problem if we do not take control and get our lives on the right track. I often tell my clients that you have to run your life like a business. We have to assess our lives and reassess our lives and make changes accordingly. Even if you are on the right track, you could get ran over if you just sit there. Take an inventory of your life and ask yourself what things can I change to make my life more fulfilling , possibly generate more income and make me feel secure. For me, I feel secure when I have a plan and clear direction on what I need to accomplish. It may be a slow process but the key is I have identified the things in my life I want to change and the steps necessary to do it. Now, I have to have the mental fortitude to carry them through. How would your life change if you could identify the things that are making you unhappy, but you were able to put a plan in place to deal with it?? Kick around some ideas with Karla and let's see what we come up with. 
RECESSION PROOF YOUR FINANCES WITH A KASH KOW
Now that we have talked about building your team of experts, it is time to talk about recession proofing your business. We here such bad daunting news daily from reports and newscasters. It doesn't matter where you turn the sentiment is the same. Companies are laying off workers, the unemployment rate is as high as it has been in years and people are losing their homes.
It is time to accept where we are in our economy and do something different. Each of us has some strengths and weaknesses. Now is the time to focus in our your strength and find your self a Kash Kow - this is my phrase for finding some type of hobby or something that you do to turn it into a business that makes you money. Examples are: Babysitting, housecleaning, baking, fixing things, Mr. or Mrs. Handy, how about putting together Xmas toys for people, hanging lights, washing cars, cutting lawns, tutoring, helping the elderly shop. Remember your Kash Kow is not your ultimate business or something you absolutely love. Your Kash Kow is something you do to make money.
Let's Chat About This!
Best,
Karla
Survive the Recession By Building a Team of Experts
Do you realize how important it is to build a team of experts? Have you ever heard the term "it is not what you know, but who you know"?
Today, it is more important than ever to network and build a team of experts or go to people. All of us carry cell phones, but how many numbers in our phone actually are members of team. Do you have a tax strategist you can call when you are getting ready to make a financial transactions that may have tax consequences? Do you have a financial strategist who you can call to help you make solid financial decisions? Who is your attorney? Do you have a mentor you can call and run ideas by? Do you realize your team is extremely important to your financial stability over the next 5 to 7 years and beyond.
Get our your Rolodex, your blackberry's your I-Phones and start networking with people who know people. I can guarantee you that if you find a good attorney he or she will know a good tax strategist and on and on. Good solid reputable experts know good solid reputable experts. Having people to call and ask questions is the first step to implement in recovery from this recession. Why should you even try to figure the problem out by yourself and cause yourself undo stress?
Get connect with a team of experts and rely on the team to help you make sound strategically planned decisions. This is exactly what the wealthy people do. The president is putting together his cabinet and you should put together yours. You will be glad you did.
Karla Dennis
Bring It On 2009 - Workshop
COHESIVE just launched their next event. January 24th, 2009. Anaheim Hills Country Club. You can learn more about this event on their site www.cohesivetax.com. I will be presenting with a team of people how to secure your financial future. You can read the press release here: http://www.prlog.org/10156154-bring-it-on-2009-workshop-strategy-and-hands-on-implementation-for-recovery.html
Hugs,
K